In January – November 2013, the balance-of-payments current account posted a deficit of EUR 1,326 million as compared with EUR 5,388 million in the same year-earlier period, National Bank of Romania announced in a press release at the end of last week. The result is due to the decrease in trade deficit (by EUR 3,569 million), as well as the increase in services surplus (by EUR 1,499 million) and current transfers surplus (by EUR 292 million). The same document reveals the non-residents direct investment in Romania totalled EUR 2,388 million (up 22.3 per cent as compared with January – November 2012), of which equity stakes consolidated with the estimated net loss amounted to EUR 1,347 million and intragroup loans to EUR 1,041 million. This level marks a maximum of the last four years, according to Mediafax. Medium- and long-term external debt at end-November 2013 stood at EUR 77,958 million (80.1 per cent of total external debt), 1.0 per cent below the level recorded at end-2012. Short-term external debt at end-November 2013 totalled EUR 19,336 million (19.9 per cent of total external debt), down 7.6 per cent from end-2012. Medium- and long-term external debt service ratio ran at 41.2 per cent in January – November 2013, against 34.9 per cent in 2012. At end-November 2013, goods and services import cover stood at 7 months, as compared with 7.1 months at end-2012.